Note 12: Surplus payment due to the Crown
The Office is not permitted to retain operating surpluses under the Public Finance Act 1989. Thus, the surplus for the year of $1,449,567 is repayable to the Crown, and is due to be paid by 31 October 2012.
| Actual 2011 $000 |
Actual 2012 $000 |
|
|---|---|---|
| 916 | Surplus current year | 1,449 |
| 2,014 | Surplus brought forward | 916 |
| (2,014) | Payment to the Crown | (916) |
| 916 | Total provision for payment to the Crown | 1,449 |